Judge Who Humiliated Apple and Uber Now Holds OpenAI's $157B Fate
The judge who forced Apple to open its App Store and made Uber's CEO squirm is about to decide if OpenAI's $157 billion valuation was built on fraud.
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The judge who forced Apple to open its App Store and made Uber's CEO squirm is about to decide if OpenAI's $157 billion valuation was built on fraud.
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The same company that bet $100 billion on AI infrastructure just realized you can't run intelligence without solving power first.
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A coding agent company is now worth more than half the companies in the S&P 500, and it's barely two years old. Cognition AI is in talks to raise funding at a $25 billion valuation, more than doubling its previous mark
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The companies building the AI future just decided 23,000 people aren't part of it. Meta plans to cut 10% of its workforce, while Microsoft is offering voluntary buyouts, together potentially affecting 23,000 jobs
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Prompt-to-production blockchain apps just became real, and Microsoft's venture arm is betting you won't need to know Solidity to build them.
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The assistant just got permission to actually do the work. Microsoft is launching Agent Mode in Word, Excel, and PowerPoint — a shift from Copilot answering questions to actually executing tasks on the canvas.
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Musk just wrote the biggest check in AI coding history — and he's not even buying the company yet. SpaceX struck a deal giving it the right to acquire AI coding startup Cursor for $60 billion, or pay $10 billion if the acquisition doesn't happen — the richest deal structure in AI tooling to date.
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The AI party just hit the open bar limit—and the bartenders are running out of liquor. GitHub Copilot paused new signups and tightened usage limits; Anthropic experimented with pulling Claude Code from low-tier subscribers—both citing resource strain from agentic AI.
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The AI hardware race just blew a $200 billion hole in America's trade deficit, and no amount of tariff talk can plug it. A Federal Reserve study found AI-related imports added roughly $200 billion to the U.S. trade deficit, even as tariff policies aimed to shrink the gap
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Apple just handed a $4 trillion company to a hardware engineer, not an AI visionary, and that tells you everything about how the world's most valuable tech company plans to fight the agent war.
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Microsoft just bet $18 billion that Australia is the new AI frontier, and it's not about kangaroos. Microsoft commits $18 billion to Australian AI infrastructure by 2029, its largest investment in the country ever
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SoftBank is betting $10 billion it can borrow against the future of AI before that future actually arrives. SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares, turning equity in the world's most visible AI company into immediate liquidity
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OpenAI just made agents you can stop watching. OpenAI launched Workspace Agents, letting Business and Enterprise plan users build agents that work across Slack, Salesforce, Google Drive, Microsoft apps, and other enterprise tools without babysitting.
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Anthropic just built an AI so good at breaking code that it won't let most people use it, and central banks are now watching.
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SpaceX just dropped $10 billion to partner with an AI coding startup most people haven't heard of, with an option to buy the whole thing for $60 billion by year-end.
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Google just made the agent wars a lot more expensive for everyone who isn't Google. Google Cloud launched its next-gen Tensor Processing Units (TPUs), custom chips built specifically to run AI workloads faster and cheaper than general-purpose processors
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Google just bet $750 million that the future of enterprise AI runs through the same consultants who sold companies their last failed transformation. Google Cloud launched a $750 million fund targeting McKinsey, Accenture, and Deloitte to deploy agentic AI to their corporate clients
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Meta paid $2B for an AI agent company whose secret weapon was... markdown files. A developer reverse-engineered Manus's planning workflow — the AI agent company Meta acquired for $2 billion — into a Claude Code skill that uses persistent markdown for task orchestration
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SpaceX just wrote a $60 billion option on the future of code, and the 20-somethings on the other side of the deal are building exactly what the agent economy needs most.
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Anthropic just yanked its best coding feature from paying customers without warning. Claude Code, the AI coding assistant that made Claude Pro worth $20/month for developers, is being removed from the Pro plan and moved to a higher tier
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